Management ThoughtManagement - is one of the areas of modern economics, aimed at creating, planning and implementing a plan development for businesses, organizations and corporations to maximize profit potential. of the company, creating a sustainable business management system (Drucker, 1993). Management helps companies achieve a certain goal, step by step. In order to achieve their goals, companies need managers. “A manager is the person responsible for planning and directing the work of a group of individuals, monitoring their work, and taking corrective action if necessary” (Reh). The origins of management date back to the times of ancient Egypt, where they began building the pyramids. They obviously needed a form of management to distribute the workforce and organize the construction stages. However, many scientists believe that modern management reached the stage of science during the "Industrial Revolution (1750-1900)". The industrial revolution in the 18th and 19th centuries brought many changes in human history, as well as in science. During the Industrial Revolution, technology changed from human-based to machine-based technology, in other words, the efficiency of machine tools was second to none. One of the main differences between pre-industrial and industrial society is the reduction in the role of agricultural production and the rise of the secondary sector (manufacturing industry, construction). This structural transformation of the economy first took place in England, and the United Kingdom rightly became known as "the first industrial nation". Some economists define this transformation as “the emergence of modern industry”. Throughout the history of management science...... middle of article ...... people have contributed to the conformation of scientific management. While Adam Smith stated that the economy should have a free and free market, Frederick Taylor developed the four principles of management and scientific managers. The Zappos.com management example clearly shows that companies must have good managers. Managers are not expected to just control (make them work) workers, they must also have leadership, planning and organizational skills. Works Cited Drucker, P.F. (1993). The practice of management. New York: HarperCollins. Evans, J. (August 17, 2010). Core values: wall posters or culture builders? Reh, FJ (nd). Definition of manager. Retrieved from http://management.about.com: http://management.about.com/od/policiesandprocedures/g/manager1.htmWilliams, C. (2011). Management principles. Mason: South-West. Works Cited